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        <CityNm>Lake Success</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>11042</ZIPCd>
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        <ZIPCd>198091377</ZIPCd>
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      <PersonNm>MICHAEL J JANSEN</PersonNm>
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      <PhoneNum>8008391754</PhoneNum>
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    <PreparerPersonGrp>
      <PreparerPersonNm>Jeffrey D Haskell</PreparerPersonNm>
      <PTIN>P01345770</PTIN>
      <PhoneNum>8008391754</PhoneNum>
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      <DepreciationPropertyGrp>
        <PropertyDesc>MACON LAND</PropertyDesc>
        <AcquiredDt>2014-04-29</AcquiredDt>
        <CostOrOtherBasisAmt>801404</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>FLEXSHARES GLOBAL UPSTREAM NAT</StockNm>
        <EOYBookValueAmt>111017</EOYBookValueAmt>
        <EOYFMVAmt>120687</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FLEXSHARES IBOXX 3-YEAR TARGET</StockNm>
        <EOYBookValueAmt>67083</EOYBookValueAmt>
        <EOYFMVAmt>66517</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FLEXSHARES STOXX GLOBAL BROAD</StockNm>
        <EOYBookValueAmt>47122</EOYBookValueAmt>
        <EOYFMVAmt>47640</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN BOND INDEX FUND</StockNm>
        <EOYBookValueAmt>402342</EOYBookValueAmt>
        <EOYFMVAmt>393068</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN EMERGING MARKETS EQUI</StockNm>
        <EOYBookValueAmt>99610</EOYBookValueAmt>
        <EOYFMVAmt>98149</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN FDS STK INDEX FUND</StockNm>
        <EOYBookValueAmt>317930</EOYBookValueAmt>
        <EOYFMVAmt>386104</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN FUNDS INTL EQ INDEX</StockNm>
        <EOYBookValueAmt>231691</EOYBookValueAmt>
        <EOYFMVAmt>215757</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN FUNDS MID CAP INDEX</StockNm>
        <EOYBookValueAmt>65338</EOYBookValueAmt>
        <EOYFMVAmt>71362</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN GLOBAL RE INDES FD</StockNm>
        <EOYBookValueAmt>43559</EOYBookValueAmt>
        <EOYFMVAmt>45973</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN HIGH YIELD FIXED INCO</StockNm>
        <EOYBookValueAmt>174267</EOYBookValueAmt>
        <EOYFMVAmt>171064</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHERN SMALL CAP INDEX FD</StockNm>
        <EOYBookValueAmt>36723</EOYBookValueAmt>
        <EOYFMVAmt>39955</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="InvLandSch2">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>MACON LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>801404</CostOrOtherBasisAmt>
        <BookValueAmt>801404</BookValueAmt>
        <EOYFMVAmt>750000</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>Administrative Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>11795</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>11795</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>State or Local Filing Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>75</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>75</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Investment Management Services</CategoryTxt>
        <Amt>73</Amt>
        <NetInvestmentIncomeAmt>73</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>990-PF Estimated Tax for 2016</CategoryTxt>
        <Amt>800</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>990-PF Extension for 2015</CategoryTxt>
        <Amt>367</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>7319</Amt>
        <NetInvestmentIncomeAmt>7319</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>